National Healthcare Properties, Inc. (NASDAQ:NHPAP) Short Interest Down 54.3% in May

National Healthcare Properties, Inc. (NASDAQ:NHPAPGet Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,472 shares, a decrease of 54.3% from the May 14th total of 5,412 shares. Based on an average daily volume of 32,253 shares, the short-interest ratio is currently 0.1 days.

National Healthcare Properties Trading Up 0.2%

Shares of NASDAQ NHPAP traded up $0.05 during mid-day trading on Friday, reaching $22.48. The company had a trading volume of 66,980 shares, compared to its average volume of 11,038. The business’s 50-day moving average is $21.43 and its 200-day moving average is $19.95. National Healthcare Properties has a 52 week low of $14.00 and a 52 week high of $22.61.

National Healthcare Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, April 6th were issued a dividend of $0.4609 per share. This represents a $1.84 annualized dividend and a yield of 8.2%. The ex-dividend date was Monday, April 6th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in National Healthcare Properties stock. NBC Securities Inc. boosted its holdings in shares of National Healthcare Properties, Inc. (NASDAQ:NHPAPFree Report) by 96.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,625 shares of the company’s stock after acquiring an additional 4,243 shares during the period. NBC Securities Inc.’s holdings in National Healthcare Properties were worth $165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About National Healthcare Properties

(Get Free Report)

NHP is a $2.6 billion healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings and Senior Housing Operating Properties.

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